Hotel for Sale in Alvarado, Colombia
Established | 10-20 year(s) |
Employees | 5 - 10 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 60 thousand |
Run Rate Sales | USD 60 thousand |
EBITDA Margin | 40 % |
Industries | Hotels |
Locations | Alvarado |
Local Time | 5:26 AM America / New York |
Listed By | Business Owner / Director |
Status | Recently Active |
- During high season weekends and holidays, the hotel saw full occupancy and a high volume of day visitors, especially families and couples seeking a countryside escape.
- The hotel was founded and managed by a seasoned hospitality family with years of experience in customer service and hotel operations.
- It had strong relationships with local suppliers and service providers and benefits from consistent word-of-mouth referrals.
- Its reputation for warm service, beautiful scenery, and restful stays has made it a beloved destination in the region.
- The owners also bring experience from two other successfully run family hotels located in Cartagena and Ibagué, adding to the depth of hospitality knowledge and operational efficiency behind the business.
- Currently, the property is under a year-to-year lease and is being temporarily used as a rehabilitation facility, though it retains all the infrastructure to operate as a hotel.
- To restart operations, the buyer will need to obtain a tourism and business license, both of which are easily obtainable.
- The promoter is currently in the USA.
The hotel operations were discontinued three years ago following the retirement of the managing promoter. The property is currently leased on a year-to-year basis to a rehabilitation center. However, the buyer has the option to resume hotel operations immediately.
Intangible asset: Hotel brand.